NOT LISTED FOR SALE

48066 Keaton Way Indio, CA 92201

Estimated Value: $1,143,000 - $1,444,000

5 Beds
3 Baths
2,802 Sq Ft
$481/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $1,380,000 $493 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,733/month

26 Days on Market

Highlights

  • Pebble Pool Finish
  • Mountain View
  • High Ceiling
  • Primary Bedroom Suite
  • Bonus Room
  • Furnished

About This Home

As of September 2022

This home is located at 48066 Keaton Way, Indio, CA 92201 since 14 July 2022 and is currently estimated at $1,346,533, approximately $480 per square foot. This property was built in 2003. 48066 Keaton Way is a home located in Riverside County with nearby schools including Mountain Vista Elementary School, Cahuilla Desert Academy Junior High, and Coachella Valley High School.

Last Agent to Sell the Property

Keith Powers

Alta Realty Group CA, Inc License #01940642 Listed on: 07/14/2022

Alta Realty Group CA, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,057

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • Block Wall Fence
  • Fence is in excellent condition
  • Landscaped
  • Sprinklers Throughout Yard
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Mountain
  • Pool
  • Neighborhood

Home Design

  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 2,802 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Tinted Windows
  • Plantation Shutters
  • Double Door Entry
  • Living Room with Fireplace
  • Bonus Room
  • Storage

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Waterfall Pool Feature

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 30544
  • Assessor Parcel Number 602350002
  • $2,108 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Dog Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,057

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • CapRate: 5.80
  • Price Per Unit: 1400000
  • Professional Management Expense: 41538.00
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1980.00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 2160.00
  • Parcel Number: 602350002
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Furnished, High Ceilings, Pantry, Quartz Counters, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 492.51
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Heated, In Ground
  • Window Features: Double Pane Windows, Plantation Shutters, Tinted Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Awning(s), Lighting
  • View: Mountain(s), Neighborhood, Pool
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Pool Expense: 2160.00
  • Pool Features: Private, Gas Heat, In Ground, Pebble, Waterfall
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Pest Control Expense: 360.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Gutters, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000

Multi Family

  • Cable TV Expense: 2304.00
  • Electric Expense: 5400.00
  • Fuel Expense: 6060.00
  • Gross Income: 193200.00
  • Gross Operating Income: 193200.00
  • Gross Scheduled Income: 316721.00
  • Insurance Expense: 1356.00
  • Lot Size Area: 8712.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 80500.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Patio: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 112700.00
  • Operating Expense Percent: 58.00
  • Other Expense: 27048.00
  • Other Expense Description: TOT
  • Rent Control: No
  • Total Expenses: 112700.00
  • Vacancy Allowance: 123521
  • Vacancy Allowance Rate: 39.00

Tax Info

  • New Taxes Expense: 17990.00
  • Tax Census Tract: 452.24
  • Tax Lot: 2
  • Tax Tract Number: 30544
  • TaxOtherAnnualAssessmentAmount: 2108.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 16, 2022
Sold by
Wehrle Alexander R and Wehrle Ivon C
Bought by
Dale Cheema Living Trust
Seller's Agent
Keith Powers
Alta Realty Group CA, Inc
List Price
$1,400,000
Sold Price
$1,380,000
Premium/Discount to List
-$20,000
-1.43%
Views
36
Current Estimated Value
$1,346,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,467
Avg. Annual Appreciation
-0.80%
Original Mortgage
$828,000
Outstanding Balance
$791,861
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$554,672

Purchase Details

Listed on
Feb 24, 2020
Closed on
Jul 29, 2020
Sold by
Aguirre Mauricio and Aguirre Maria G
Bought by
Wehrle Alexander R and Wehrle Lyon C
Seller's Agent
Rosa Rodriguez
HomeSmart
Buyer's Agent
Adam Gilbert
The Firm Brokerage
List Price
$560,000
Sold Price
$550,000
Premium/Discount to List
-$10,000
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.33%
Original Mortgage
$510,400
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2007
Sold by
Aguirre Mauricio
Bought by
Aguirre Mauricio and Aguirre Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2007
Sold by
Wmc Mortgage Corp
Bought by
Aguirre Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2007
Sold by
Magana Ruben
Bought by
Wmc Mortgage Corp

Purchase Details

Closed on
Jun 13, 2006
Sold by
Magana Ruben and Magana Ruben
Bought by
Magana Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 25, 2005
Sold by
Rinza Edgar E and Rinza Susana A
Bought by
Magana Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
9.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2005
Sold by
Magana Sandra
Bought by
Magana Ruben

Purchase Details

Closed on
Aug 13, 2004
Sold by
Rinza Edgar E and Rinza Susan A
Bought by
Rinza Edgar E and Rinza Susana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2003
Sold by
Madison 79 Development Group Llc
Bought by
Rinza Edgar E and Ayala Susana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,850
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dale Cheema Living Trust $1,380,000 First American Title
Wehrle Alexander R $550,000 Lawyers Title Ie
Aguirre Mauricio -- None Available
Aguirre Mauricio -- Lawyers Title Co
Aguirre Mauricio $355,000 Lawyers Title Co
Wmc Mortgage Corp $495,000 Accommodation
Magana Ruben -- First American Title Company
Magana Ruben $529,000 First American Title Company
Magana Ruben -- First American Title Company
Rinza Edgar E -- First American Title
Rinza Edgar E $330,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dale Cheema Living Trust $828,000
Previous Owner Wehrle Alexander R $510,400
Previous Owner Aguirre Mauricio $284,000
Previous Owner Magana Ruben $531,250
Previous Owner Magana Ruben $423,200
Previous Owner Rinza Edgar E $320,000
Previous Owner Rinza Edgar E $263,850
Closed Rinza Edgar E $65,950
Closed Rinza Edgar E $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2022 09/27/22 Sold $1,380,000 -1.4% $493 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $1,400,000 +154.5% $500 / Sq Ft
08/14/2020 08/14/20 Sold $550,000 -1.8% $196 / Sq Ft View Prior Sale
02/24/2020 02/24/20 For Sale $560,000 -- $200 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,057 $1,434,191 $431,766 $1,002,425
2023 $20,057 $1,378,500 $415,000 $963,500
2022 $10,150 $561,000 $127,500 $433,500
2021 $9,182 $550,000 $125,000 $425,000
2020 $6,573 $426,356 $106,585 $319,771
2019 $6,435 $417,997 $104,496 $313,501
2018 $6,298 $409,802 $102,448 $307,354
2017 $6,290 $401,768 $100,440 $301,328
2016 $5,549 $353,000 $88,000 $265,000
2015 $5,106 $339,000 $85,000 $254,000
2014 $5,037 $322,000 $80,000 $242,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22150770

California Regional Multiple Listing Service (CRMLS)

APN: 602-350-002